516 Melody Ln Richardson, TX 75081
Highland Terrace NeighborhoodEstimated Value: $441,000 - $473,000
3
Beds
2
Baths
2,145
Sq Ft
$217/Sq Ft
Est. Value
About This Home
This home is located at 516 Melody Ln, Richardson, TX 75081 and is currently estimated at $464,724, approximately $216 per square foot. 516 Melody Ln is a home located in Dallas County with nearby schools including Richardson Terrace Elementary School, Apollo Junior High School, and Berkner High School.
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Apr 14, 2010
Sold by
Vowell Michael O and Anthony Tammy
Bought by
Vargas Israel and Swink Christina
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$181,649
Outstanding Balance
$122,006
Interest Rate
5.25%
Mortgage Type
FHA
Estimated Equity
$342,718
Purchase Details
Closed on
May 2, 2005
Sold by
Ebbesen James M and Ebbesen Shirley
Bought by
Vowell Michael O and Vowell Lauren M
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$135,920
Interest Rate
6.25%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
May 28, 1998
Sold by
Carter Merlon B and Carter Carolyn A
Bought by
Ebbesen Shirley and Ebbesen James M
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$112,000
Interest Rate
7.22%
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Vargas Israel | -- | Lttc | |
| Vowell Michael O | -- | -- | |
| Ebbesen Shirley | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Vargas Israel | $181,649 | |
| Previous Owner | Vowell Michael O | $135,920 | |
| Previous Owner | Ebbesen Shirley | $112,000 | |
| Closed | Vowell Michael O | $33,980 |
Source: Public Records
Tax History Compared to Growth
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $6,201 | $435,340 | $150,000 | $285,340 |
| 2024 | $6,201 | $435,340 | $150,000 | $285,340 |
| 2023 | $6,201 | $338,320 | $95,000 | $243,320 |
| 2022 | $6,747 | $338,320 | $95,000 | $243,320 |
| 2021 | $7,854 | $299,470 | $65,000 | $234,470 |
| 2020 | $7,995 | $299,470 | $65,000 | $234,470 |
| 2019 | $7,772 | $277,420 | $55,000 | $222,420 |
| 2018 | $7,413 | $277,420 | $55,000 | $222,420 |
| 2017 | $6,480 | $242,710 | $40,000 | $202,710 |
| 2016 | $5,258 | $196,920 | $32,000 | $164,920 |
| 2015 | $4,048 | $179,120 | $32,000 | $147,120 |
| 2014 | $4,048 | $179,120 | $32,000 | $147,120 |
Source: Public Records
Map
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